Color Systems is a leading distributor of automotive paint and ancillary products serving collision repair centers, fleet services, and light industrial customers across Rhode Island, Connecticut, and Massachusetts. Founded in 1971, the Company is led by President Steven Choiniere, who acquired the business from his father over 30 years ago and has built a strong presence in the Greater New England region through market-leading products, technical expertise, and long-standing customer relationships. The buyer, PSE Group, is a portfolio company of Odyssey Investment Partners and a leading distributor of automotive and industrial paint, coatings, and related products with over 75 locations across the Midwest, Mid-Atlantic, and Southeast.
The transaction provides Color Systems with a larger platform and access to capital to support its continued growth while expanding PSE Group’s geographic footprint into the Greater New England region.